The US Dollar, China, and the Potential for Weakening the Dollar to Pressure China
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#9f051475 ver:0.23
China's aggressive acquisition of commodities, including gold, raises concerns about the potential impact on the US dollar. China's stockpiling of gold could be a strategic move to diversify away from US assets and build a war chest safe from US sanctions. Weakening the dollar could pressure China, but it may also have negative effects on the West. Balancing the federal budget and reducing the deficit could weaken the dollar and give the US an advantage in the economic battle against China. #USdollar #China #gold #currencydevaluation #economicwarfare...
#newstr #UsDollar #China #Trade #BudgetDeficit
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